Oil prices drop as new coronavirus strain fuels demand concerns
On Monday, Oil prices dropped about three per cent as a fast-spreading new coronavirus strain that has shut down much of the United Kingdom; fueled worries over a...
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Bitcoin finally crosses the $20,000 milestone
Data from CoinMarketCap shows that bitcoin has finally passed $20,000; and is sitting at around $20,600 at the time of writing. The crypto had been lingering around the $...
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Boris Johnson to travel to Brussels for last-ditch Brexit trade talks
Boris Johnson heads to Brussels today to try to reach a breakthrough on a post-Brexit trade deal over dinner; with European Commission president Ursula von der Ley...
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Naira falls on black market after forex ban for food imports
Forex Ban: Naira depreciated by 1.09% to N460 on the parallel market on Monday, days after President Muhammadu Buhari ordered the Central Bank of Nigeria (CBN) to halt do...
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Digital Currency Group acquires crypto exchange, Luno
One of the leading blockchain companies, Digital Currency Group, or DCG, has recently acquired the British based crypto exchange, Luno. DCG had initially bought a stake i...
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Zenith Bank blows past Access Bank as customer deposits cross N4 trillion
Zenith Bank Nigeria Plc is now the second-largest bank in Nigeria by customer deposits crossing N4 trillion for the first time. The bank is next only to First Bank Ltd wh...
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Why is the stock market index going up even as COVID-19 remains unchecked?
STOCK MARKET: The rise is spectacular; the NASDAQ 100’s market cap is about $13.5 trillion, the S&P 500 Index is about $28.8 trillion, while the US Gross Domestic Pro...
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Banks slash dollar limit on naira debit cards to $100
Nigerian banks are sending notices to customers about a reduction in the spending limits for their naira denominated debit cards used for paying for transactions abroad....
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How to access new N75 billion Nigerian Youth Investment Fund
When the Federal Government approved the establishment of the N75 billion Nigerian Youth Investment Fund (NYIF); hundreds of thousands young Nigerians were excited about...
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$30 billion worth of Bitcoins disappear forever
When access to a Bitcoins wallet disappears, the BTC is lost forever. Data retrieved from Coincover, a British crypto analytic firm, showed that about 4 million BTCs are...
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